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Fly News Breaks for May 21, 2015
RXN
May 21, 2015 | 07:57 EDT
Wedbush downgraded Rexnord to Neutral, removed it from the Best Ideas List, and cut its price target to $27 from $32. The firm sees fewer catalysts over the next year given the weaker than expected outlook and further weakness in PMC sales.
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